Time Lapse Settings in iMovie 10.0.9

For those of you who are still having trouble figuring out how to pull up the time lapse feature in iMovie 10.0.9, I figured out how to get there on my end. Follow the steps below:

1. Click 'Window' (top menu bar of iMovie)

2. Select and click on "Show Precision Editor"

3. You should now see the speed icon highlighted in blue and the speed options.

4. Select the clip(s) you want to adjust the speed on and take it from there.

Let me know me if this works or if there's an even easier way to get to this.